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Tax Relief On Lease Extension Premiums
When extending a lease on a property, what costs are deductible for tax purposes?
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https:/ /www.go v.uk/hm rc-inte rnal-ma nuals/p roperty -income -manual /pim220 5
https:/
on the extension of thelease - nothing specific
I have always understood that if you are crazy enough to use a lawyer for this then his fee is deductible under the rule, clearly not capital and exclusively for the purpose of
the costs of maintenance and repair - which are the usual deductions for letting are deductible ( but not twice once for this year and the same lot for the nextt year )
I have always understood that if you are crazy enough to use a lawyer for this then his fee is deductible under the rule, clearly not capital and exclusively for the purpose of
the costs of maintenance and repair - which are the usual deductions for letting are deductible ( but not twice once for this year and the same lot for the nextt year )
and lucky fella
sorry you used the word 'premium'
never charged one .... but
huge amount here - PIM 2300
https:/ /www.go v.uk/hm rc-inte rnal-ma nuals/p roperty -income -manual /pim230 0
sorry you used the word 'premium'
never charged one .... but
huge amount here - PIM 2300
https:/
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